38 Henty St, Culcairn is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 2103m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Presenting an excellent opportunity for investors, with two homes on one title on a 2,103m2 allotment with front and rear access, earning a combined minimum rental return of 6.5% per annum.
Deceptively large, the main house comprises 3 bedrooms, bathroom, 2 living rooms plus a meals area adjoining the kitchen. An internal laundry, multi-purpose room, all weather alfresco and garage complete the home. Currently tenanted until April at $200 per week.
The second home consists of 1 bedroom, bathroom, open plan kitchen/living, internal laundry and patio. Currently tenanted until August at $150 per week.
The blocks are large enough to build further dwellings behind the existing residences (subject to Council approval), with street frontage to Victoria Street. Plans for additional homes for the vacant land have already been drafted but are yet to be submitted to Council.
Positioned close to shops, schools, sporting facilities and the hospital, this rare investment opportunity is not to be missed.
Disclaimer: All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details.
Property Code: 2036
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